Tekever announced their Series D raise on 23rd September 2026, with significant fanfare - The Growth Stage was Tekever's advisor. Their statement below:
"Tekever has completed the first close of its US$580 million Series D financing, valuing the company at US$6.4 billion.
The round is led by University California Investments and Baillie Gifford, marking UC Investments’ first direct investment in Europe and renewing Baillie Gifford’s commitment to TEKEVER. Merlyn Advisors joins as a new strategic investor, alongside continued investment from Crescent Cove Advisors LP, Ventura Capital and Iberis Capital.
This financing will support our next phase of growth: expanding our international presence, strengthening our industrial and technological capabilities, and accelerating strategic acquisitions. We will build on our position as Europe’s leading provider of AI-powered autonomous systems, delivering sovereign technologies that contribute to the security and resilience of democratic societies.
We thank our investors for their confidence in our technology, our team and our long-term vision, and J.P. Morgan and The Growth Stage for advising us on this financing.
Together, we have the resources to move faster, scale further and continue building a global technology leader from Europe."
